Moonbeam Network is planning to complete its launch to Polkadot by January

Moonbeam Network is planning to complete its launch to Polkadot by January 11, 2022, after completing Phase 2 of its launch process.

Moonbeam will follow the same launch process as Moonriver

Reportedly, Moonbeam will follow the same launch process as Moonriver, modeled on the launch process of Kusama and Polkadot. It is designed to ensure the stability of the network while it is deployed. This process is expected to begin on December 17, once the auctions for the first five parachain positions have been completed and one Moonbeam parachain position has been secured.

Starting from phase 0 – Centralized, namely the Genesis block is launched, and the network is in Centralized mode to ensure proper block production and other basic functionalities. Starting from phase 0 – Centralized, namely the Genesis block is launched, and the network is in Centralized mode to ensure proper block production and other basic functionalities. This phase took place on December 17.

Currently, the project has announced Phase 2 – Full Launch. This is the most important milestone for end users. This upgrade will remove sudo (the superuser key) and hand over control of the network to token holders. Additionally, balance transfers (which also allow users to stake and start claiming any rewards from the crowdloan) and the EVM will be enabled. With transfers enabled, the chain will be managed by token holders using the on-chain governance system.

The goal is to remove Sudo – 100% confidence in all systems. When the governance motion to enable balance transfers and EVM is passed and enact, end-users and developers will have access to the full functionality of Moonbeam. The team will continue to monitor things closely to ensure stability and security.

  • In short, during this phase, the following activities will take place:
  • Sudo (the superuser key) will be removed, and the control of the network will be handed to token holders.
  • Balance transfers and EVM will be enabled, which means that users will be able to stake and start claiming any rewards from the crowdloan. With transfers enabled, the chain will be managed by token holders using the on-chain governance system.

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